Status

Achievements

Milestones: Completed development of its solar battery and manufactured its first units at Fraunhofer Inst. in Germany. Prototype devices approved by the Technion-Israel Institute of Technology. Signed several engagement letters and started design with four customers for different applications.

Nominated by EE Times as one of its “Silicon 60: Hot startups to watch.”

Awards

2013 Best Start-Up, Israel’s Office of the Chief Scientist of the Ministry of Economy

Background & Market

The 21st century has created an enormous demand for low-power applications such as wireless devices. Their ability to operate autonomously is limited by battery lifespan. The need to replace batteries causes considerable downtime, is expensive, and takes a heavy toll on the environment due to battery waste disposal.

Sol Chip’s total applicable market size is estimated at $9 billion in 2017, with many segments growing more than 10% per year. Examples of segments that Sol Chip intends to penetrate with its first-generation product are wireless sensors and wireless sensor networks (WSN) for precision agriculture (e.g., drip irrigation, herd monitoring); environmental monitoring (e.g., humidity, light, temp, color, fertilizers, dimensions); and traceability systems (RFID). The combined value of the WSN segment is estimated to reach more than $1.2 billion in 2015.